KLG Stock +78.58% In 3 Months Since We Picked KLG Stock +78.58% In 3 Months Since We Picked Unlock All Top Buy Picks
RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of GEOS
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Geospace Technologies Corporation stock price ended at $12.64 on Friday, after gaining 0.96%.
(Updated on Apr 26, 2024)

Sell candidate since Apr 12, 2024 Loss -3.73% PDF

The Geospace Technologies Corporation stock price gained 0.96% on the last trading day (Friday, 26th Apr 2024), rising from $12.52 to $12.64. During the last trading day the stock fluctuated 3.47% from a day low at $12.55 to a day high of $12.98. The price has been going up and down for this period, and there has been a -3.73% loss for the last 2 weeks. Volume fell on the last day by -7 thousand shares and in total, 25 thousand shares were bought and sold for approximately $320.32 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -8.72% during the next 3 months and, with a 90% probability hold a price between $9.83 and $12.47 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

GEOS Signals & Forecast

There are few to no technical positive signals at the moment. The Geospace Technologies Corporation stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $12.87. On a fall, the stock will find some support from the short-term average at $12.46. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Wednesday, April 03, 2024, and so far it has fallen -9.84%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.

Support, Risk & Stop-loss for Geospace Technologies Corporation stock

Geospace Technologies Corporation finds support from accumulated volume at $12.23 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.435 between high and low, or 3.47%. For the last week the stock has had daily average volatility of 5.25%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (GEOS) For The Upcoming Trading Day Of Monday 29th

For the upcoming trading day on Monday, 29th we expect Geospace Technologies Corporation to open at $12.72, and during the day (based on 14 day Average True Range), to move between $12.01 and $13.27, which gives a possible trading interval of +/-$0.631 (+/-4.99%) up or down from last closing price. If Geospace Technologies Corporation takes out the full calculated possible swing range there will be an estimated 9.98% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $12.68 (0.32%) than the support at $12.23 (3.24%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Geospace Technologies Corporation stock A Buy?

Geospace Technologies Corporation holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -3.864 Sell Candidate Unchanged

Predicted Opening Price for Geospace Technologies Corporation of Monday, April 29, 2024

Fair opening price April 29, 2024 Current price
$12.72 ( 0.646%) $12.64

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for GEOS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 13.16 4.09 %
R2 12.99 2.77 %
R1 12.89 1.96 %
Current price: 12.64
Support S1 12.56 -0.669 %
S2 12.45 -1.48 %
S3 12.29 -2.80 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 14.22 12.46 %
R2 12.70 0.475 %
R1 12.68 0.316 %
Current price 12.64
Support S1 12.23 -3.24%
S2 12.08 -4.43%
S3 11.89 -5.93%

FAQ

What is the symbol for Geospace Technologies Corporation Stock and on which exchange is it traded?
The symbol for Geospace Technologies Corporation is GEOS and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Geospace Technologies Corporation Stock?
Geospace Technologies Corporation holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

How to buy Geospace Technologies Corporation Stock?
Geospace Technologies Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Geospace Technologies Corporation Stock.

What's the current price of Geospace Technologies Corporation Stock?
As of the end of day on the Apr 26, 2024, the price of an Geospace Technologies Corporation (GEOS) share was $12.64.

What is the 52-week high and low for Geospace Technologies Corporation Stock?
The 52-week high for Geospace Technologies Corporation Stock is $17.03 and the 52-week low is $6.60.

What is the market capitalization of Geospace Technologies Corporation Stock?
As of the Apr 26, 2024, the market capitalization of Geospace Technologies Corporation is 166.73M.

When is the next earnings date for Geospace Technologies Corporation?
The upcoming earnings date for Geospace Technologies Corporation is May 09, 2024.
Click to get the best stock tips daily for free!

About Geospace Technologies Corporation

Geospace Technologies Geospace Technologies Corporation designs and manufactures instruments and equipment used in the oil and gas industry to acquire seismic data in order to locate, characterize, and monitor hydrocarbon producing reservoirs. The company operates through three segments: Oil and Gas Markets, Adjacent Markets, and Emerging Markets. The Oil and Gas Markets segment offers wireless seismic data acquisition systems and reservoir characterization products a... GEOS Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT